Albert Wong reports 39.9% stake in Eastern International

Eastern International Ltd. insider Albert Wong and Eastern Worldwide Logistics Group Inc. jointly report a large ownership position in the company’s ordinary shares.

Accepted by SEC EDGAR 04/03/2026 - 05:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Eastern International Ltd. insider Albert Wong and Eastern Worldwide Logistics Group Inc. jointly report a large ownership position in the company’s ordinary shares. Mr. Wong beneficially owns approximately 39.9% of the ordinary share class, assuming conversion of 1,000,000 preferred shares into 1,000,000 ordinary shares, based on 12,457,000 ordinary shares outstanding as of April 1, 2026.

Through Eastern Worldwide Logistics Group Inc., which is 70% owned and directed by Mr. Wong, he controls 4,266,000 ordinary shares, or about 34.2% of the outstanding ordinary shares. Mr. Wong also received a stock award of 180,000 ordinary shares on March 31, 2026, which vested immediately under the company’s 2025 Omnibus Equity Plan. Each preferred share carries 10 votes and is convertible into one ordinary share at the holder’s option, giving Mr. Wong significant voting control.

Insights

Governance and ownership structure analyst

Albert Wong’s disclosed 39.9% stake and super-voting preferred shares signal concentrated control at Eastern International.

The filing shows Albert Wong, the CEO and Chairman, beneficially owning about 39.9% of Eastern International’s ordinary share class when his 1,000,000 preferred shares are treated as convertible. Those preferred shares each carry 10 votes, giving him substantial influence over shareholder decisions.

Eastern Worldwide Logistics Group Inc., 70% owned and directed by Mr. Wong, holds 4,266,000 ordinary shares, or roughly 34.2% of the outstanding ordinary shares as of April 1, 2026. The additional grant of 180,000 ordinary shares on March 31, 2026 under the 2025 Omnibus Equity Plan modestly increases his direct equity stake while reinforcing his role as a controlling insider.

Key Figures

Beneficial ownership: 39.9% of ordinary share class Ordinary shares outstanding: 12,457,000 shares Eastern Worldwide holdings: 4,266,000 ordinary shares +3 more

6 metrics

Beneficial ownership 39.9% of ordinary share class Albert Wong’s stake assuming conversion of 1,000,000 preferred shares

Ordinary shares outstanding 12,457,000 shares Issued and outstanding as of April 1, 2026

Eastern Worldwide holdings 4,266,000 ordinary shares Approximately 34.2% of outstanding ordinary shares

Preferred shares held by Wong 1,000,000 preferred shares Each preferred share has 10 votes and is convertible 1:1

Stock award to Wong 180,000 ordinary shares Granted and vested on March 31, 2026 under 2025 Omnibus Equity Plan

Voting power (Wong) 14,446,000 votes Includes ordinary and 10-vote preferred shares as reported in sole voting power

Key Terms

Schedule 13D, beneficially owned, preferred shares, Omnibus Equity Plan, +2 more

6 terms

Schedule 13D regulatory

"This is being filed jointly by Albert Wong and Eastern Worldwide Logistics Group Inc."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficially owned financial

"Aggregate amount beneficially owned by each reporting person 5,446,000.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

preferred shares financial

"Mr. Albert Wong also owns all of the 1,000,000 outstanding preferred shares of the Issuer."

Preferred shares are a type of investment that gives investors priority over common shareholders when it comes to receiving dividends and getting their money back if a company is sold or liquidated. Think of them as a safer, more predictable way to earn income from a company's profits, similar to a fixed-return investment, but without voting rights. This makes preferred shares appealing to those seeking stable income with a higher claim on assets than regular stockholders.

Omnibus Equity Plan financial

"granted stock awards of 180,000 ordinary shares to Albert Wong, Chief Executive Officer and Chairman of the Board, pursuant to the Issuer's 2025 Omnibus Equity Plan."

An omnibus equity plan is a single company program that authorizes issuing various types of stock-based pay—such as options, restricted shares, and performance awards—to employees, officers and directors. It matters to investors because it shows how a company motivates and retains key people and also indicates the potential for share dilution; think of it as a common wallet the company can draw from to reward staff, which affects ownership and future earnings per share.

Unrestricted Stock Award Agreement financial

"the grantee also entered into an Unrestricted Stock Award Agreement with the Issuer on March 31, 2026."

sole voting power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: 7 | Sole Voting Power 14,446,000.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake in Eastern International Ltd. (ELOG) does Albert Wong report?

Albert Wong reports beneficial ownership of about 39.9% of Eastern International’s ordinary share class. This percentage assumes his 1,000,000 preferred shares convert into 1,000,000 ordinary shares, and is calculated against 12,457,000 ordinary shares outstanding as of April 1, 2026.

How many Eastern International (ELOG) ordinary shares does Eastern Worldwide Logistics Group hold?

Eastern Worldwide Logistics Group Inc. holds 4,266,000 ordinary shares of Eastern International. This represents approximately 34.2% of the company’s outstanding ordinary shares, based on 12,457,000 issued and outstanding ordinary shares as of April 1, 2026, according to the transfer agent.

What special rights do Eastern International (ELOG) preferred shares held by Albert Wong have?

Albert Wong owns 1,000,000 preferred shares of Eastern International, each carrying 10 votes at shareholder meetings. Every preferred share is convertible into one ordinary share at any time at the holder’s option, significantly increasing his voting power relative to his economic stake.

What recent equity award did Albert Wong receive from Eastern International (ELOG)?

On March 31, 2026, Albert Wong received a stock award of 180,000 Eastern International ordinary shares. The grant was made under the company’s 2025 Omnibus Equity Plan, vested immediately on the grant date, and is documented in an Unrestricted Stock Award Agreement.

How is the 39.9% beneficial ownership figure for ELOG calculated in the filing?

The 39.9% beneficial ownership reflects 12,457,000 ordinary shares outstanding plus 1,000,000 ordinary shares issuable upon converting preferred shares. Using this combined base, Albert Wong’s holdings, including shares held through Eastern Worldwide Logistics Group Inc. and his preferred shares, total about 39.9% of the ordinary share class.

What is the relationship between Albert Wong and Eastern Worldwide Logistics Group Inc. in the ELOG filing?

Albert Wong owns 70% of Eastern Worldwide Logistics Group Inc. and serves as a director. Through this role, he has sole power to vote and dispose of the 4,266,000 Eastern International ordinary shares held by Eastern Worldwide, which are combined with his direct holdings for beneficial ownership reporting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Eastern International Ltd.

(Name of Issuer)

Ordinary shares, par value of $0.0001 per share

(Title of Class of Securities)

(CUSIP Number)

Mr. Albert Wong
Suite 901, Building #2,, Xiaoshan Eco & Tech Dev. Zone
Zhejiang Province, F4, 311231
(86) -571-8235-6096

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/31/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Albert Wong

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 14,446,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 5,446,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

5,446,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

39.9 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) the percentage ownership interest in row 13 is determined based on (i) a total of 12,457,000 ordinary shares of the Issuer outstanding as of April 1, 2026 and (ii) if the holder converts 1,000,000 preferred shares to 1,000,000 ordinary shares in 60 days; (2) Mr. Albert Wong, Chairman of the Board and Chief Executive Officer of the Issuer, is a 70% shareholder and director of Eastern Worldwide Logistics Group Inc. a Samoa company, which owns 4,266,000 ordinary shares of the Company. Mr. Albert Wong was granted stock award of 180,000 ordinary shares of the Company on March 31, 2026. Mr. Albert Wong also owns all of the 1,000,000 outstanding preferred shares of the Issuer. Each preferred share has 10 votes at general meetings of the shareholders of the Issuer as reflected in row 7 and each preferred share is convertible into one Ordinary Share at any time at the option of the holder.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Eastern Worldwide Logistics Group Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SAMOA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 4,266,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 4,266,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

4,266,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

34.2 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

Calculated based on a total of 12,457,000 issued and outstanding ordinary shares of the Issuer as of April 1, 2026, provided by the transfer agent of the Company.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Ordinary shares, par value of $0.0001 per share
(b)	Name of Issuer: Eastern International Ltd.
(c)	Address of Issuer's Principal Executive Offices: Suite 901, Building #2, Xiaoshan Eco & Tech Dev. Zone, Zhejiang Province, CHINA , 311231.
Item 2.	Identity and Background
(a)	This Schedule 13D is being filed jointly by Albert Wong and Eastern Worldwide Logistics Group Inc. (together, the "Reporting Persons", and each, a "Reporting Person") pursuant to Rule 13d-1(k) promulgated by the SEC under Section 13 of the Act. The agreement between the Reporting Persons relating to the joint filing of this Schedule 13D is attached hereto as Exhibit A. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information concerning the other Reporting Person except as otherwise provided in Rule 13d-1(k).
(b)	Mr. Albert Wong is a citizen of Hong Kong. The business address of Mr. Albert Wong is Suite 901, Building #2, Xiaoshan Economic and Technological Development Zone, Xiaoshan District, Hangzhou, Zhejiang Province, China 311231. Eastern Worldwide Logistics Group Inc. is a company incorporated in Samoa and is 70% owned by Mr. Albert Wong, who is also a director of Eastern Worldwide Logistics Group Inc. The registered address of Eastern Worldwide Logistics Group Inc is Portcullis Chambers, P.O. Box 1225, Apia, Samoa.
(c)	Mr. Albert Wong is the Chief Executive Officer and Chairman of the Board of the Issuer. Mr. Albert Wong is 70% owner and a director of Eastern Worldwide Logistics Group Inc. The business address of Mr. Albert Wong is Suite 901, Building #2, Xiaoshan Economic and Technological Development Zone, Xiaoshan District, Hangzhou, Zhejiang Province, China 311231.
(d)	During the last five years, none of the Reporting Persons has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(e)	During the last five years, none of the Reporting Persons has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Mr. Albert Wong is a citizen of Hong Kong. Eastern Worldwide Logistics Group Inc. is a company incorporated in Samoa.
Item 3.	Source and Amount of Funds or Other Consideration
	The information set forth in Item 6 is hereby incorporated by reference in its entirety.
Item 4.	Purpose of Transaction
	The information set forth in Item 6 is hereby incorporated by reference in its entirety.
Item 5.	Interest in Securities of the Issuer
(a)	Eastern Worldwide Logistics Group Inc. owns and has sole power to vote or direct the vote and sole power to dispose or to direct the disposition of 4,266,000 ordinary shares of the Issuer, which represents approximately 34.2% of the outstanding ordinary shares of the Issuer, calculated based on a total of 12,457,000 issued and outstanding ordinary shares of the Issuer as of April 1, 2026 provided by the transfer agent of the Issuer. Mr. Albert Wong was granted a stock award of 180,000 ordinary shares of the Issuer on March 31, 2026. Mr. Albert Wong also owns all of the 1,000,000 outstanding preferred shares of the Issuer. Each preferred share has 10 votes at general meetings of the shareholders of the Issuer and each preferred share is convertible into one ordinary share at any time at the option of the holder. In his capacity as a 70% beneficial owner and director of Eastern Worldwide Logistics Group Inc, Mr. Wong has sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 4,266,000 ordinary shares of the Issuer owned by Eastern Worldwide Logistics Group Inc. along with the ordinary shares and preferred shares directly owned by him, which represents a total of approximately 39.9% of the outstanding ordinary shares of the Issuer, calculated based on: (i) a total of 12,457,000 issued and outstanding ordinary shares of the Issuer as of April 1, 2026 and (ii) if the holder converts 1,000,000 preferred shares to 1,000,000 ordinary shares in 60 days.
(b)	The information contained in Item 5(a) of this Report on this Schedule 13D is hereby incorporated by reference herein.
(c)	Except as disclosed in this Schedule 13D, none of the Reporting Persons has effected any transaction in the ordinary shares of the Issuer during the past 60 days.
(d)	Except as disclosed in this Schedule 13D, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the ordinary shares beneficially owned by the Reporting Persons.
(e)	Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	On March 31, 2026 (the "Grant Date"), the Compensation Committee ("Committee") of the Board of Directors (the "Board") of the Issuer granted stock awards of 180,000 ordinary shares to Albert Wong, Chief Executive Officer and Chairman of the Board, pursuant to the Issuer's 2025 Omnibus Equity Plan. The grant vested immediately on the Grant Date and the grantee also entered into an Unrestricted Stock Award Agreement with the Issuer on March 31, 2026. To the best knowledge of the Reporting Persons, except as provided herein, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and between any of the Reporting Persons and any other person with respect to any securities of the Issuer, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies, or a pledge or contingency, the occurrence of which would give another person voting power over the securities of the Issuer.
Item 7.	Material to be Filed as Exhibits.
	A - Joint Filing Agreement dated April 3, 2026 by and between the Reporting Persons B - Form of Unrestricted Stock Award Agreement between Albert Wong and the Issuer (incorporated by reference to exhibit 10.1 of Form 6-K filed by the Company on April 3, 2026)

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Albert Wong

Signature:	/s/ Albert Wong
Name/Title:	Albert Wong
Date:	04/03/2026

Eastern Worldwide Logistics Group Inc.

Signature:	/s/ Albert Wong
Name/Title:	Albert Wong
Date:	04/03/2026